Okay, get your antenna ready. And smell the BS. There are so many lying listings out there, especially in foreclosure and short-sale. Some listing agents don't even know what's inside the property until you tell 'em. This is especially true with foreclosures and short-sale.
This description of 'lying-listing' from Bankrate.com just nailed it: "Most homebuyers have encountered a "lying listing" -- the house for sale that doesn't even remotely resemble its colorful description in the Multiple Listing Service or classified ad."
S-t-r-e-t-c-h-i-n-g it, would be pretty accurate in today's market..
This translation guide will help you go past the smell test. (compiled by the National Association of Exclusive Buyer Agents to help their agents go past the listings BS.) It's so true and hilarious!
[via bankrate.com]I love it when I see the remark on a listing that says, "this house will go fast.." You looked at the days on the market - s%^&, it's more than 60 days!! And the funny thing is, the listing agent don't even bother to 'update the remarks.'
What about this. This house has been remodeled. Remodeled means different thing to different people. The listing says 'sellers just remodeled the house"' could mean to you "they painted and replaced the appliances.. like 3 years ago?".. And don't even look for granite there. (Don't even go there). People remodeling standard might be 'different' than what you have in mind.So, what's your favorite?